Disposed

Krishnoji Rao S/O Lt Nanjoji Rao v. the Iffco Tokyo General Insurance

Karnataka HC20 Jun 2012MFA/1363/2010

Case brief

AI extract

What is this about?

In a Lok Adalat before the Karnataka High Court, the appellants (claimants) and the IFFCO Tokyo Insurance Company (Respondent) settled a compensation claim. The parties agreed to a global settlement of Rs.45,000 in addition to the Tribunal's award, with interest provisions if not deposited promptly.

What did the court decide?

Settlement of claim for global compensation of Rs.45,000 in addition to Tribunal award.

Krishnoji Rao S/O Lt Nanjoji Rao Vs the Iffco Tokyo General… — Insurance | Karnataka HC (2012)

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HIGH COURT LEGAL SERVICES COMMITTEE, BANGALORE

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BEFORE THE LOK ADALAT

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IN THE HIGH COURT OF KARNATAKA AT BANGALORE

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DATED THIS THE 20th DAY OF JUNE, 2012

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CONCILIATORS PRESENT:

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HON’BLE MR. JUSTICE SUBHASH B ADI AND

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SMT. HARINI SH1VANAND, MEMBER

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MFA No.1363/2010

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Lok Adalat No.403/2012

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Between:

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Krishnoji Rao,

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S/o.late Nanjoji Rao, Aged about 48 years.

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BabuRao,

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S/o.Late Nanjoji Rao, Aged about 38 years.

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Both are R/at No.91,

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5th Main Road, Chamarajpet,

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Bangalore -560 018.

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Appellants

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(By M/s. Lawyers Net, Advocates)

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And:

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The IFFCO TOKYO General Insurance Co.Ltd., by its Manager,

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No.4 1, II Floor, Cristu Complex,

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Lavelle Road, Bangalore - 560 001.

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A.Nagaraju, S/o.Sri.Arasappa, Major in age,

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R/at No.43/A2, Nanjappa Block, Gavipuram Guttahalli,

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Respondents

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Bangalore -560 019.

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(By Sri.A.N.Krishnaswamy, Advocate for R-2)

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MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED: 6-8-2009 PASSED IN MVC NO.7824/2007 ON THE FILE OF THE X ADDL. JUDGE. MEMBER. MACT, BANGALORE. PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.

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THIS APPEAL COMING ON FOR CONCILIATION I3EFORE LOK ADALAT AVIER BEING REFERRED VIDE ORDER DA1ED 09-04 2012 IHE FOLLOWING CONCILIATION ORDER IS PASSED.

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CONCILIATION ORDER

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The learned counsel for the appellants and the representative of Insurance Company - Respondent along with its counsel are present.

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After prolonged negotiations, the matter is settled. The Appellants- Claimants have agreed to receive and the Respondent— Insurance Company has agreed to pay a global compensation of Rs.45,000/- (Rupees Forty Five Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect.

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The Respondent — Insurance Company have agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of award, failing which the said amount shall carry

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interest at the rate of 9% PA. from the date of default, till the date of deposit.

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the Joint memo. The award of the Tribunal shall stands modified This miscellaneous first appeal stands disposed of in terms of accordingly. Draw up the Award accordingly. 4.

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Sd/ JUDGE

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WBFi

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Krishnoji Rao S/O Lt Nanjoji Rao v. the Iffco Tokyo General Insurance

Case brief

What is this about?

What did the court decide?

Krishnoji Rao S/O Lt Nanjoji Rao v. the Iffco Tokyo General Insurance

Case brief

What is this about?

What did the court decide?

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